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Agree Realty

408 hedge funds and large institutions have $6.46B invested in Agree Realty in 2024 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 160 increasing their positions, 138 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more funds holding in top 10

Funds holding in top 10: 38 (+5)

44% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 41

16% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 138

13% more capital invested

Capital invested by funds: $5.71B → $6.46B (+$748M)

4.21% more ownership

Funds ownership: 99.39%103.6% (+4.2%)

3% more funds holding

Funds holding: 395408 (+13)

23% less call options, than puts

Call options by funds: $8.52M | Put options by funds: $11.1M

Holders
408
Holders Change
+13
Holders Change %
+3.29%
% of All Funds
5.89%
Holding in Top 10
8
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+166.67%
% of All Funds
0.12%
New
59
Increased
160
Reduced
138
Closed
41
Calls
$8.52M
Puts
$11.1M
Net Calls
-$2.56M
Net Calls Change
+$8.97M
Name Holding Trade Value Shares
Change
Change in
Stake
BG
51
Bahl & Gaynor
Ohio
$22.9M -$188K -3,176 -0.9%
RJA
52
Raymond James & Associates
Florida
$22.4M +$2.26M +38,311 +12%
HS
53
Hazelview Securities
Ontario, Canada
$22.3M +$4.97M +84,048 +30%
Marshall Wace
54
Marshall Wace
United Kingdom
$22.1M +$11.2M +189,250 +113%
RhumbLine Advisers
55
RhumbLine Advisers
Massachusetts
$21M -$586K -9,912 -3%
FWIA
56
Fort Washington Investment Advisors
Ohio
$20.5M +$78K +1,320 +0.4%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$20.2M +$4.26M +72,110 +28%
Prudential Financial
58
Prudential Financial
New Jersey
$20.1M +$18.4M +312,185 +2,614%
Loomis, Sayles & Company
59
Loomis, Sayles & Company
Massachusetts
$20M -$945K -15,996 -5%
TCM
60
Tributary Capital Management
Nebraska
$19.6M +$3.43M +57,990 +22%
State of New Jersey Common Pension Fund D
61
State of New Jersey Common Pension Fund D
New Jersey
$18.8M -$8.75M -148,048 -33%
SFM
62
Systematic Financial Management
New Jersey
$17.8M +$95.1K +1,609 +0.6%
MIIM
63
Mesirow Institutional Investment Management
Illinois
$17.7M +$151K +2,556 +0.9%
Goldman Sachs
64
Goldman Sachs
New York
$17.5M +$13.9M +235,887 +513%
Fidelity Investments
65
Fidelity Investments
Massachusetts
$16.7M +$1.97M +33,373 +14%
Envestnet Asset Management
66
Envestnet Asset Management
Illinois
$16.5M -$232K -3,931 -1%
Royal Bank of Canada
67
Royal Bank of Canada
Ontario, Canada
$15.6M +$6.91M +116,995 +87%
CVA
68
Ceredex Value Advisors
Florida
$14.3M -$298K -5,050 -2%
MCM
69
Masterton Capital Management
New York
$14M
Asset Management One
70
Asset Management One
Japan
$13.5M -$243K -4,120 -2%
UBS Group
71
UBS Group
Switzerland
$13.3M +$4.93M +83,468 +64%
Impax Asset Management Group
72
Impax Asset Management Group
United Kingdom
$13M
Ohio Public Employees Retirement System (OPERS)
73
Ohio Public Employees Retirement System (OPERS)
Ohio
$12.8M +$1.48M +25,000 +14%
Millennium Management
74
Millennium Management
New York
$12.4M -$10M -169,427 -46%
Hudson Bay Capital Management
75
Hudson Bay Capital Management
Connecticut
$12.4M +$11.9M +200,716 New

ADC Hedge Fund Activity: Q2 2024 in Review

408 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2024, worth a combined $6.46B — up 13% from $5.71B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new ADC positions and 41 closed out — a net gain of 18 holders — while 160 added to existing stakes and 138 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $211M. The largest seller was Principal Financial Group, cutting an estimated $63.9M.

  • 408 institutional investors held Agree Realty (ADC) as of Q2 2024, up from 395 in Q1 2024.
  • Funds reported $6.46B of Agree Realty stock for Q2 2024, up 13% quarter-over-quarter.
  • 59 funds opened new Agree Realty positions in Q2 2024 and 41 closed out, a net change of +18 holders.
  • The largest Agree Realty buyer in Q2 2024 was Cohen & Steers, an estimated $211M added.
  • The largest Agree Realty seller in Q2 2024 was Principal Financial Group, an estimated $63.9M sold.

Based on aggregated 13F filings for Q2 2024.